INTERNATIONAL. Three leading companies within the travel retail industry have formalised a partnership to provide a holistic industry data service.
The Moodie Davitt Report, Generation Research and m1nd-set are forging a joint venture, which will combine the expertise of each partner to bring unprecedented depth and detail to industry insights.
The new entity, to be called The Data Circle will be owned equally by all three partners and will remain independent of each company’s existing activities.
The Data Circle will produce both subscription based and ad-hoc reports. The unique travel retail insights expertise of the Moodie Davitt Report, Generation Research and m1nd-set are combined to produce State of the Industry reports twice per year.
The insights will also be made available through an interactive online data service with both regular and ad-hoc reports on request. The Data Circle reports will be a unique industry resource for aggregated sales data and trends on a global and regional level, as well as per category and channel.
The online information service will pool together data from all sources where the sales data, shopper insights, traffic trends and business reports will be presented through dashboards, infographics and in-depth analysis features.
m1nd-set owner and CEO Peter Mohn commented, “We’re delighted to partner with industry experts in their own field on a business model where we each bring our unique value to the table and complement our respective products and services. The B1S is already a proven business model and much used by companies in travel retail. The Data Circle is a natural progression to provide even further value to the industry.”
Generation Owner and CEO Alex Seret said, “Generation has always been considered the benchmark for sales and performance data in travel retail. With The Data Circle and our partners at m1nd-set and The Moodie Davitt Report, we will be able to set new standards and deliver our insights in a broader context of traffic data, shopper insights and unparalleled industry knowledge.”
The Moodie Davitt Report Founder and Chairman Martin Moodie, concluded, “The Data Circle fits perfectly in our existing product portfolio alongside our information services and our independent analytics business Moodie Insights. We continuously strive to bring relevant and much needed news, analysis and future trends to our readers and we are confident that The Data Circle will further enhance our offer – and advance the industry’s interests.”
The Data Circle partners will be present during the TFWA World Exhibition in Cannes to discuss the new venture with interested parties. Highlights from the very first State of the Industry report from The Data Circle will also feature during the 2018 Trinity Forum in Shanghai (31 October-1 November).
For information on The Data Circle, please contact us at info@thedatacircle.net
The Moodie Davitt Report will be exhibiting at The Digital Village (DA8).
About The Moodie Davitt Report
The Moodie Davitt Report is published by independent company Moodie International, one of the world’s most successful multi-media business-to-business publishers and event organisers.
The website was launched as The Moodie Report in March 2003 and quickly became established as an indispensable source of reliable and real-time business intelligence on the global travel retail sector. It now attracts over 500,000 page views a month. The company also owns and organises (with Airports Council International) The Trinity Forum and The Airport Food & Beverage (FAB) Conference & Awards.
As an organisation we continue to invest heavily in innovation, including the spectacular new-look, full-screen Moodie Davitt e-Zine launched in mid-2018; The Moodie Davitt Print & Online Magazines; The Moodie Davitt Podcast; The Moodie Blog; and a growing array of social and digital media platforms.
About Generation
Generation Research possesses the world’s largest data bank of duty free and travel retail statistics. Since the company was formed more than 30 years ago, it has established a very special network of co-operation with duty free / travel retail shop operators and suppliers all over the world. Our business is built on long-term partnerships with clients as well as information sources which have ensured that the company delivers a wide range of products and services that are relevant to the changing needs in a fast-developing environment.
About m1nd-set
m1nd-set is the largest independent and privately owned travel and travel retail research agency, based out of Switzerland. It conducts research for clients across all world regions, working for over fifty companies in the travel sector, including brands from all product categories, as well as a number of the duty free and travel retail associations and several leading retailers in the industry.
m1nd-set is present with local interviewers at over 60 airports on a regular basis to conduct on-site research. It also has its own database of regular international travellers. Corporate social responsibility is a fundamental part of the company’s philosophy and each year commits a minimum of 10% of profits to charity, mainly for unprivileged children in developing countries.
